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Companies Limited by Guarantee: Third Edition, by Mark Mullen, Josh Lewison
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This book provides a complete guide to the formation, administration, and winding up of UK companies limited by guarantee and their suitability for a diverse range of purposes. The book includes full UK coverage of: the nature and purposes of companies limited by guarantee, their advantages and disadvantages, and a consideration of the circumstances in which they are used * the company's constitution, including company names, its objects, the guarantee, and the content and effect of the articles * methods of financing a company limited by guarantee * membership of the company, including admission and expulsion of members * the directors of the company, their appointment, removal, and duties * the calling, requisition, and conduct of company meetings * reorganization, takeovers, and winding-up of companies limited by guarantee. Precedent clauses for the company's constitution are also included, along with useful checklists for lawyers and company secretaries. This third edition has been comprehensively updated to address the UK's Companies Act 2006, the Charities Act 2006, and other major legal developments.
- Published on: 2011-03-31
- Original language: English
- Number of items: 1
- Dimensions: 9.50" h x 6.25" w x .75" l, 1.30 pounds
- Binding: Hardcover
- 264 pages
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A new edition is now available....
By Phillip Taylor MBE
A GUIDE TO COMPANY LAW AS IT AFFECTS COMPANIES LIMITED BY GUARANTEE - NEW 4TH EDITION FROM JORDAN’S
WITH ACCOMPANYING CD ROM
An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers
For lawyers, accountants, company directors and company secretaries dealing with companies limited by guarantee, this concise and authoritative volume from Jordan Publishing is essential. It is a completely updated work of reference for those advising, for example, charities, clubs, and trade associations.
The book would also be of benefit to public sector employees working in this and related fields. Updated to reflect the changes in the law that have taken place since 2011, this well established work is, in the words of the authors, ‘designed to provide a guide to company law as it affects companies limited by guarantee’.
As Mark Mullen and Josh Lewison explain, a company limited by guarantee ‘is a private company in which the liability of its members is limited’. But essentially it is the framework of company law which, say the expert authors, ‘provides a ready-made system of checks and balances between the company, its members and its officers.’
This new fourth edition incorporates much new material that practitioners across a range of professions need to know about when dealing with the burgeoning number of organizations operated by companies limited by guarantee. Such companies, say the authors, are ‘enjoying a resurgence, particularly as a vehicle for social enterprise.’ including fee schools and academies and scientific institutions.
Interestingly, the book touches briefly on the development of the internet in the UK (at least partially) by certain mutual organizations or trade associations of the kind that would logically operate as companies limited by guarantee and which in many instances pioneered the operation of the internet infrastructure.
But the most noteworthy aspect of this fourth edition is obviously its new material, which includes, for example, the new charitable form of charitable Incorporated Associations under the Charities Act 2011 and the related provisions. Also included are the amendments relating to Scotland and Northern Ireland. Note that Appendix J contains the update on annual filing requirements for charitable companies. There is an update of model articles of a company for use by property companies, as well as -- in case the need ever arises -- a procedure for the expulsion of a member.
For those doing additional research into this currently expanding field of law, the book provides extensive tables of cases, statutes, statutory instruments and European materials, plus ten appendices and a handy index. The text throughout (except for the appendices) is presented via numbered paragraphs for easier navigation.
Another time-saver is the accompanying CD ROM attached to the back cover. It’s entirely accurate to say that this book is an incredibly useful resource for all professional groups involved in this field.
The law is stated as at December 2013.
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